Choosing a Reputable Debt Settlement Company During the Recession Will Get Consumers on the Fast Track to Debt Relief

Fort Lauderdale, FL (PRWEB) May 8, 2009 -- In these economic crunch times, many consumers are finding themselves in a financial bind and worrying about paying their bills. One option for consumers is to work with a debt settlement company to negotiate a new payment schedule with creditors. Oftentimes, consumers can use a debt settlement company to settle debts for a fraction of what they owe. A debt settlement company negotiates consumers' total debt with creditors with average savings between 40 and 60%.

Robert Linzer, President of Fast Track Debt Relief, a Fort Lauderdale, FL based company, says, "It's essential to use a debt settlement company (http://www.fasttrackdebtrelief.com/?utm_source=PR&utm_term=Choose+Debt+Settlement+Company&utm_content=PR) that you can trust, so one of the first steps is to ensure that the company you're considering is a certified member of The Association of Settlement Companies (TASC). This association promotes fair business practices, consumer protection and industry standards for the debt settlement industry. Consumers are protected when they hire a debt settlement company that is a member of TASC."

The next step is to make sure that the debt settlement company (http://www.fasttrackdebtrelief.com/Debt-Settlement/index.aspx?utm_source=PR&utm_term=Choose+Debt+Settlement+Company&utm_content=PR) is in good standing with the Better Business Bureau. Fast Track Debt Relief, one of the most respected companies in the industry, is both a member of TASC and is accredited with the Better Business Bureau.

The debt settlement industry is growing fast and it's crucial to find a trustworthy company that can work with creditors to settle debts. Consumers who are overwhelmed with unsecured debt can avoid bankruptcy and, essentially, start over with the right debt settlement program. A reputable debt settlement program should have consumers out of debt in 12 - 36 months. In some cases, depending on their total amount of debt, it may be necessary to extend the program to 48 months.

To avoid any hint of impropriety, a TASC-certified company does not handle or manage their clients' funds. Also, a TASC-certified company will not put consumers in a debt settlement plan that is longer than 48 months. It's a red flag if a debt settlement company asks consumers to directly pay them anything other than their service fee or puts consumers on a payment plan longer than 48 months.

With the help of a debt settlement company, consumers can soon be on the fast track out of debt and back to financial solvency. Fast Track Debt Relief, Inc. is a recognized leader in the debt settlement industry, who recently redesigned their website so it is more robust and can answer any questions consumers may have about debt settlement. They have been in the financial services industry for over 15 years and have helped thousands of consumers solve their financial problems. To learn more, please visit FastTrackDebtRelief.com or call 1-888-332-8004.

###

Comment on "Choosing a Reputable Debt Settlement Company During the Recession Will Get Consumers on the Fast Track to Debt Relief"